Corner Retail
New
For Lease
Contact for pricing
240 State St, Schenectady, NY 12305
Flexible downtown storefront with build-to-suit or vanilla-box delivery options and residential apartments above.
Property Size1,664 SF
Days on Market4
Property Features for 240 State St
General Information
Standard status
Active
Size
1,664 SF
Property subtype
RETAIL
Lease Type
Nnn
Site & Location
Corner Location
Yes
Traffic Count
10,500 vehicles/day
Building Details
Tenancy
Multi
Listing Agency:
Coldwell Banker - Prime Properties | Cohoes
(518) 785-9000
Listed By:
Christopher Schmid · License #10401334076
Source:
Moodyscre
Added: Jul 30
Changed: Aug 2
Last Checked: Aug 2 at 5:30AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker - Prime Properties | Cohoes
Investment Insights
Based on property information with market context.
This 1,664-square-foot retail space occupies the corner of State Street and Erie Boulevard, with 105 apartments located above the commercial area. The premises can be delivered as a build-to-suit or vanilla box, providing flexibility for retail, restaurant, and service-related uses supported by the property information.
The storefront is positioned in downtown Schenectady within walking distance of Union College, Theater Row, and the historic Proctors Theatre. State Street carries an average of 10,500+ AADT, adding vehicle exposure to the corner setting. An aquarium and grocery store are also being developed within walking distance.
The storefront is positioned in downtown Schenectady within walking distance of Union College, Theater Row, and the historic Proctors Theatre. State Street carries an average of 10,500+ AADT, adding vehicle exposure to the corner setting. An aquarium and grocery store are also being developed within walking distance.
Key Highlights
- 1,664 SF retail space at the corner of State St. and Erie Blvd
- 105 apartments situated above the retail space
- Average traffic on State St. exceeds 10,500 AADT
Property Analytics
Current Use
Lease Details
10,500 VPD
Traffic count
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
2,014
Businesses Nearby
Explore this area
Business Placement
Demographics for 12305, NY
6,085
Population
4,103
Households
1.5
Avg Household Size
37
Median Age
34%
College-Educated
88%
High-School Grad
1.5 sq mi
ZIP Area
4,057
Density / Sq Mi
$50,308
Median Household Income
$34,228
Median Earnings
$1,067
Median Rent
$162,500
Median Home Value
Market
Lease Benchmarks for Schenectady, NY
$13.33 /SF/Yr
Avg Asking Price
$1.79–$35 /SF/Yr
Price Range
22,724 SF
Avg Space Size
This space is priced 10% below the average of $13.33 /SF/Yr.
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - Flexible downtown storefront with build-to-suit or vanilla-box delivery options and residential apartments above.
Where is this retail space located?
The property is located at 240 State St Schenectady, NY.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: 1,664 SF retail space at the corner of State St. and Erie Blvd; 105 apartments situated above the retail space; Average traffic on State St. exceeds 10,500 AADT
